Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated that the Nifty50 may extend losses at open. Asian markets were trading lower

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Business Standard

Equity mutual fund schemes attracted Rs 29,329 crore in August, marking the highest net inflow in four months, driven by strong investors interest in mid-cap and small-cap funds.
This was nearly 19 per cent higher than Rs 24,697 crore inflow registered in July, according to data released by the Association of Mutual Funds in India (AMFI) on Thursday.
The overall mutual fund industry saw a decline in net inflow to Rs 41,353 crore in August compared to a staggering Rs 2.36 lakh crore in July. This was primarily driven by debt-oriented schemes, which experienced an outflow of Rs 8,127 crore as compared to an inflow of Rs 1.88 lakh crore in July.
Despite this, the industry's assets under management rose to Rs 87.07 lakh crore at the end of August from Rs 85.75 lakh crore at the end of July.
Going by the data, equity-oriented schemes witnessed a net inflow of Rs 29,328.62 crore in August. This was the highest inflow since April, when such schemes attracted Rs 38,440 crore.
The net infl

fund, funds, mutual fund

Strong investor interest in mid-cap and small-cap funds lifted equity mutual fund inflows nearly 19 per cent from July, even as overall mutual fund inflows fell sharply

Press Trust of India

North American demand, according to the report, was relatively modest early in the month before accelerating sharply during the week of 17 August when funds added roughly $4 billion.

Gold ETF, Gold market, gold

Oil at $100: OMC stocks have already been punished significantly, and therefore investors are not reacting in panic after such a major fall, believe analysts.

Oil marketing companies

ASM Technologies share price hit a new high of ₹7,248, soaring 11 per cent on the BSE in Thursday's intra-day deals, extending its past one week rally.

Sensex, Nifty, stock brokers

Finolex Cables hit a new 52-week high of ₹1,398.55, gaining 3.4% on the BSE in Thursday's intra-day deals, and has surged 15% in the past four trading days.

Finolex

Vodafone Idea share price target: Jefferies has initiated coverage of Vodafone Idea with a 'Buy' rating and set a target price of ₹20, implying a 30 per cent upside from the previous close of ₹15.51.

Vodafone Idea share price target

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Market Watch

Crude oil at $100, but why are OMCs not on a slippery slope? Decoded

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